Urban Redevelopment Authority (URA)

Property

Singapore raises stamp duty rates on additional property purchases to cool market

SINGAPORE (July 5): Singapore tightened curbs on the property market after home prices posted a second straight quarter of strong gains, extending a recovery from a four-year slump.

Property

Singapore private home sales rise 7.9% to 1,121 in May from a year ago

SINGAPORE (June 18): Sales of private homes, excluding Executive Condos, by developers in Singapore rose 7.9% in May from a year earlier, government data showed on Monday.

M&A

Mattar Road site tender awarded to Keong Hong, Hock Lian Seng, TA Corp JV for $223 mil

SINGAPORE (May 17): A joint venture (JV) company consisting of Keong Hong, Hock Lian Seng Holdings and TA Corp has been awarded a land parcel at Mattar Road at a tender price of $223 million.

M&A

Sole bidder UOL JV snaps up Silat Ave site for $1.04 bil in URA tender

SINGAPORE (May 17): UOL Group has submitted the only and winning bid of $1.035 billion to acquire the residential site at Silat Avenue.

Property

Singapore April private home sales edge up q-o-q but still 53% lower y-o-y

SINGAPORE (May 15): Sales of private homes by developers in Singapore fell about 53% in April from the same month a year ago, government data showed on Tuesday.

Property

Singapore's 1Q private home price growth fastest in nearly 8 years, backs recovery signs

SINGAPORE (Apr 2): Singapore's private home prices rose 3.1% in the first quarter, the fastest quarterly growth in nearly eight years, in a further sign of a nascent recovery in the city state's housing market.

Hongkong Land's Central Boulevard JV with IOI Properties said to be facing setbacks

SINGAPORE (Feb 26): An agreement between Hongkong Land and Malaysia-listed IOI Properties Group to jointly own and develop a prime land parcel in Singapore’s Marina Bay financial district could be in trouble.

Property

Private home prices continue to recover, but watch out for falling rents, rising supply

SINGAPORE (Jan 26): Prices of private residential property in Singapore is keeping up its recovery even as rental rates continue to decline, according to real estate statistics for 4Q17 released today by the Urban Redevelopment Authority (URA).

Property

New project launches to benefit developer stocks as cyclical upturn continues

SINGAPORE (Jan 16): Maybank Kim Eng remains “positive” on Singapore’s property sector while flagging UOL and City Developments (CDL) as the best large-cap proxies as the market continues its cyclical upturn.

Property

Singapore home sales drop as 'Hungry Ghost Month' deters buyers

SINGAPORE (Oct 16): Singapore home sales fell in September as developers marketed fewer projects in a month considered inauspicious by Chinese homebuyers.
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